Barkan Saeed

“Inventors in the United States were once again fortunate. During the nineteenth century there was a rapid expansion of financial intermediation and banking that was a crucial facilitator of the rapid growth and industrialization that the economy experienced. While in 1818 there were 338 banks in operation in the United States, with total assets of $160 million, by 1914 there were 27,864 banks, with total assets of $27.3 billion. Potential inventors in the United States had ready access to capital to start their businesses. Moreover, the intense competition among banks and financial institutions in the United States meant that this capital was available at fairly low interest rates.”
― Daron Acemoğlu, Why Nations Fail: The Origins of Power, Prosperity, and Poverty

“Many arbitrage vendors get shut down right after Christmas because they sell thousands of products to customers who don’t receive them until February.”
― Tanner Larsson, Ecommerce Evolved: The Essential Playbook To Build, Grow & Scale A Successful Ecommerce Business

“The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow.” Rupert Murdoch, CEO of 21st Century Fox”
― William Kraut, The CEO and Board Member's Survival Guide: Strategic Governance For Small to Mid-Cap Entrepreneurial Organizations That Capitalizes on Opportunities and Minimizes Risk

“you teach without tailoring, you come off as irrelevant. If you tailor but don’t teach, you risk sounding like every other supplier. If you take control but offer no value, you risk being simply annoying.”
― Matthew Dixon, The Challenger Sale: Taking Control of the Customer Conversation